CQT 0.00% 51.5¢ conquest mining limited

sp stimulus

  1. 12,312 Posts.
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    The following are some ideas to stimulate the SP in the coming months.
    Release the DFS in full ASAP (not selected extracts)

    Replace the MD with a person proven to be competant in mine construction & operations.
    The board requires more expertise in mine construction & management going forward. (more than just Doug Stewart)
    The current MD to remain on the board. (after all its been his baby from the very beginning)

    Get rid of GFA. IMO they will not become involved in a takeover. (they appear to be dead wood in all respects)
    CQT would need to buy all of Goldfields shares thus reduce the number of shares on issue by that amount.
    The other way would be for other major holders in the top 20 to collectively take them out so not to exceed the takeover threshold. (shares on issue to remain as is)
    This could be why the SP has been pushed down into the early to mid fifties in recent times.
    IMO the above have been the only real negative factors at play recently & if addressed satisfactorily will allow the SP to advance to a level that is more in keeping with its real value.
    Am i dreaming or are the above ideas realistic.
 
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